re: Anybody cashing out when Dow hits 30K?

quote:

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Yep. Never let emotions or an arbitrary number be what guides you.

Depending on one’s age, the problem with cashing out (even if you make a lucky timing call) is that you won’t know when to get back in. Again, age dependent, but the most that the average INVESTOR should do is rebalance from time to time.

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People have this weird impression that this board looks down on people adapting to market conditions, when in fact some of the reactions we see are usually emotional ones. Yeah people talking about cashing out and such get ridiculed too much, but in the end it saves them money if they listen. see post at the top of this page.